ILS proves its durability

After a period of uncertainty and dislocation for the wider risk transfer markets, the insurance-linked securities (ILS) market in particular has adapted and helped the wider industry recapitalise, and has played an important role in helping it stabilise and continue to support clients. On the back of this, the second half of 2023 and 2024 are looking robust for the ILS sector.

That is the perspective that Paul Schultz, chief executive officer of Aon Securities, offers when asked to summarise the dynamics in the ILS market as the industry moves into conference season. In a video interview, Schultz notes that the ILS market has helped the wider industry prove its durability and sustainability through stressful periods.